A RELA Special Event
(Lenders & Equity Providers Only, Please)

Capital Credit Crunch:
What's going on here?

Date:      Thursday, September 20, 2007
Time:      4 – 5:30 p.m. – Reception to follow
Place:    Club 101, 101 Park Avenue at 40th Street, NYC
Fees:     Members, complimentary • Nonmembers, $75
 
A panel discussion featuring
 
Michael Stoler, Moderator
Senior Principal, Apollo Real Estate Advisors
Contributing Editor & Real Estate Columnist, New York Sun
 
James G. Reichek
Managing Director, UBS
 
Thomas P. Lydon, Jr.
President, The City Investment Fund
 
Michael Tepedino

Senior Managing Director, Holliday Fenoglio Fowler
 
Paul T. Vanderslice
Managing Director, Citigroup Global Markets 
 

Michael Stoler — Moderator

Michael Stoler is a Senior Principal at Apollo Real Estate Advisors, a leading international real estate fund manager.  In 2006 he joined the firm, where he focuses on new acquisitions across all of Apollo’s funds under management.  Prior to joining Apollo, he served as a senior vice president at First American Title Insurance Company of New York, and President of Princeton Commercial Corporation, a management consulting and financing firm, which he founded in 1977.  His clients have included Signature Bank, HSH Nordbank, Deloitte & Touche, PricewaterhouseCoopers LLP, Swiss Bank Corporation, U.S. Trust, Israel Discount Bank, Bank Leumi, Sterling National Bank, Chase Manhattan Bank, Bankers Trust Company, Itel Corporation, Paychex, Yasuda Bank & Trust, Snapple Beverage Company, Equifax, and Republic National Bank.

Mr. Stoler is the host and executive producer of “The Stoler Report-Real Estate Trends in the Tri-State Region."  The Stoler Report is New York’s only television broadcast featuring real estate and business leaders.  The show is now in its seventh season, originally airing on radio in November 2001.  The show was awarded a Telly Award in 2007.

Michael is also the host and executive producer of “Building New York,” a program that profiles the lives of individuals responsible for shaping the skyline of the tri-state region.

Mr. Stoler serves as the Contributing Editor and Real Estate Columnist for the New York Sun. In June 2007, “The Michael Stoler Real Estate Report” premiered on 1010 WINS Radio and airs on Saturdays and Sundays.

Michael Stoler is an Adjunct Professor at the NYU Real Estate Institute and one of the co-chairs of the annual capital markets symposium.  He has been a guest on CNBC Cable and frequently lectures on real estate and business at professional organizations.

Mr. Stoler serves on the boards of charitable organizations including the Advisory Board of the NYU Real Estate Institute, NYU Medical Center, Foundation for Medical Evaluation & Early Detection, Jewish Community Relations Council of New York, Hospital for Joint Disease, Helene Fuld College of Nursing, and American ORT.

 

Michael Tepedino
 
Michael Tepedino is a Senior Managing Director at Holliday Fenoglio Fowler, LP, with 18 offices throughout the U.S.  He has been a Debt Producer since 1997 and in 2007 was appointed Office Head of the New York office.  In 2006, Mr. Tepedino was recognized as a leading producer for the company.

Prior to that, Mr. Tepedino was a Director at Legg Mason Real Estate Services (1993−1997), where he specialized in debt placements for regional malls and other class A properties.  He was also employed by Travelers Insurance Company (1987−1993), where he was involved in debt transactions in all property types.

Mr. Tepedino holds an M.B.A. from Fordham University and a B.A. from Skidmore College.  He is an active member of the Mortgage Bankers Association and is a licensed real estate broker in the State of New York.  Mr. Tepedino resides with his wife, Kerry, and three wonderful children in Rye, New York. 

To register online, click here.

For a printable registration form, click here.


With this special event, RELA returns to its roots.  In the fall of 1991, confronted with an unprecedented credit crisis, a group of lenders banded together to exchange information about the rapidly-changing real estate finance industry, and the Real Estate Lenders Association was born.

Sixteen years later we are once again confronting dynamic events in our industry.  This special RELA event — a moderated panel discussion —  provides an opportunity for lenders and equity providers to hear from leading experts across the broad spectrum of the real estate finance community and to exchange information and ideas with each other as we manage this crisis within our own institutions.

James G. Reichek

Jim Reichek, a Managing Director, is Head of the US Real Estate Finance Group at UBS.  He has held senior level positions in real estate finance for over 15 years.  Before joining UBS, Jim was the Managing Director in charge of the Commercial Mortgage Backed Securities Department at Eurohypo AG.  Previously, he was Chief Operating Officer of a national commercial mortgage brokerage firm.  Prior to that role, Jim worked for a large property developer, with responsibility for the management of property acquisition and finance.  He was previously a Senior Managing Director at Bear, Stearns & Co., where he ran the Commercial Mortgage Department.  Prior to Bear Stearns, Mr. Reichek was a Senior Vice President in PaineWebber’s and its predecessor, Kidder Peabody's, Commercial Real Estate Division, with broad-based responsibilities for the origination, securitization, and trading of commercial mortgages.  He has a B.A. in computer science from Brandeis University and an M.B.A. in finance from the University of Chicago.


 

Thomas P. Lydon, Jr.

Mr. Lydon, President, is responsible for the management of The City Investment Fund, L.P. (CIF), a $770 million real estate investment fund that invests exclusively in the five boroughs of New York City.  Since its inception in 2004, CIF has closed 32 investments for over 85% of the committed capital.

For eight years prior to joining CIF, Mr. Lydon served as President and Chief Executive Officer of SSR Realty Advisors, Inc. (now Blackrock Realty), an investment manager that managed over $6 billion of real estate for institutional investors.  During his tenure at SSR, Mr. Lydon was responsible for the merger of two subsidiaries and the acquisition/integration of another investment manager with over $1.7 billion in real estate assets.

Prior to joining SSR, Mr. Lydon served as an Executive Vice President of Mutual Benefit Life Insurance Company’s Real Estate Investment Division, managing a $6 billion real estate portfolio.  In this capacity, he supervised the resolution of a commercial loan portfolio totaling 800 assets and $3.5 billion outstanding and managed 250 equity investments.  During his career in real estate, Mr. Lydon has also held various operating and finance positions, including Senior Vice President of Unicorp American Corp., and Vice President of Chase Manhattan Bank.

Mr. Lydon is a member of the Urban Land Institute (ULI), a former board member and current member of the Pension Real Estate Association (PREA), and a current member and past chairman of the National Association of Real Estate Investment Managers (NAREIM).  Mr. Lydon majored in real estate and holds a B.B.A. from Syracuse University. 

Paul T. Vanderslice

Paul Vanderslice is Co-Head of Citi's US CMBS Department.  He has been at Citigroup or its predecessor entities (Salomon Brothers, Salomon Smith Barney) since 1984.  He oversees all capital markets activity, including loan originations,hedging, trading, and CMBS syndicate.

He is a C.P.A. and has an undergraduate degree from Boston College and an M.B.A. from Wharton.